Mortgages

Realtors expect sales of previously owned homes will fall short of last year's total.

The company attributed the loss to costs associated with its recent acquisition of Nationstar's wholesale lending channel, as well as adjustments in mortgage servicing rights.

Launching the new division is a "key step" in becoming a more diversified mortgage company, says CEO Ed Fay.

The Mortgage Technology Awards recognize innovative technology developers and users that are promoting more efficient and cost-effective lending practices. The awards are among the most coveted in the industry.

A rally in the mortgage-bond market may send home-loan rates to the lowest in almost a year, bolstering a slowing real estate recovery.

Buyers still exist for mortgage platforms. The problem is that the gap in pricing expectations for buyers and sellers has widened since refinance activity stalled last summer.

Productivity is reduced when loan officers, processors and underwriters ask borrowers for the same data.

As the market slows for post-downturn, private-label, residential mortgage-backed securities—known as RMBS 2.0—an industry group thinks it's time to start preparing for version 3.0.

Confidence among homebuilders dropped in May to the lowest level in a year, showing the residential real estate market may be slow to recover after an unusually harsh winter.

New Jersey surpassed Florida with the highest share of U.S. mortgages in foreclosure in the first quarter as delinquencies nationally fell to pre-crisis levels.

Some words of advice to pass on to your referral sources and clients about the post-underwriting checks now in place.

So, every week I write a column in this space, and often I get some interesting feedback.

Massachusetts Attorney General Martha Coakley reiterated calls Wednesday for the Federal Housing Finance Agency to allow Fannie Mae and Freddie Mac to offer principal reductions to distressed borrowers and to participate in nonprofit home buyback programs.

Homeowners who took advantage of the refinancing boom aren't buying new houses, because it would mean taking on higher-rate loans. That's a problem for banks already reporting huge declines in mortgage revenue.

American Homes 4 Rent expects to net about $481 million from a previously disclosed securitization transaction.

Mortgage applications increased during the week ending May 9, driven by a jump in requests for refinancings, according to the Mortgage Bankers Association.

Fortress Investment Group is preparing a bid to buy Stuyvesant Town-Peter Cooper Village, the Manhattan apartment complex whose future has been in limbo since its owners defaulted on a $3 billion mortgage four years ago.

Clarifying if a gift card giveaway on my business Facebook page is a violation of the anti-kickback section of RESPA.

Green Tree's bad report card comes as regulators and lawmakers are scrutinizing nonbank servicers that have aggressively purchased mortgage servicing rights from banks.

Carrington Mortgage Services has opened its fifth retail lending branch in Virginia as part of its effort to originate more loans to borrowers with lower credit scores.